[MoF] Bank of England - Financial Report 11th Janaury to 18th Janaury

Day 2,981, 23:23 • Published in United Kingdom United Kingdom • by Bank of England


The Books
Treasury: £412,342.25 ---> £382,460.28 (as of 23:00 Day 2,981)
Long-Term Deposits (Woldy's Angels Act): £400,000.00
Government Organisations: £128,899.85 (86.81 Gold)
Tax Income: £29,345.03
Loaned Organisations Income: £0.00
Donations: £0.00
Bank of England Trust MM Scheme Income: £13,110.71---> £13,110.71
MPP Fees: £60,000.00 (Venezuela, Estonia, Belarus, Georgia, Spain and Macedonia)


Introduction

Your second report of the term from the Ministry of Finance


Market Log

A look at recent market trends





Revenue
A track on what is recorded on France's and our Country > Economy Page





Factory and Raw Material Company Profitability


Visual market guidance for our newer Factory and Raw Material Company owners if required on the profitability "work as manager" (WAM) generates against the current work tax rate which is set at 5% when products are sold at today's lowest prices in their respective markets. Assuming that all products produced (base production + bonus production) is sold at the lowest flat market price.

Ministry of Finance advise caution when selling Q1 weapons and Q2 weapons produced at current market prices from WAM.



Bank of England Monetary Market Trust

As a reminder the Ministry of Finance is taking advantage of the increased demand on gold price on the monetary market by opening a Bank of England Trust for citizens and allies to invest in. Although currently with the monetary market in a state of flux the Ministry of Finance has currently suspended offers to reassess market conditions in the short term.

Four citizens have invested into the Trust and monetary market offers placed from a number of eUK Government Organisation reserved for use by the Bank of England. The monetary market profits have been agreed to be split 60% to the citizen and the remaining 40% for the Treasury to reinvest/store in reserves. Any monetary market profits made will be reported in future MoF Reports.

Currently the Bank of England Monetary Market Trust has made profits of;

£13,110.71 for the UK
£19,666.06 for private citizens

Please get in touch to discuss this further or declare your interested in investing into a Bank of England Trust.

However Ministry of Finance current advice is to proceed with caution on any monetary market offers as change could occur if gold price dropping below £333.00GBP which will mean that it is optimal to sell GBP for Gold at an exchange rate of 0.004 once again.



Player Support Programme and Training Ground Loans

The Ministry of Finance is assisting the Ministry of Home Affairs to provide support to our citizenry. Please review this article for more information

Citizens which have received a TG loan from the MoF during the last training ground promotional periods;

Aleksandar.V Popovic - 20 Gold (although 10.00 Gold was returned)
MikeyL - 2 Gold

Upgrading your strength buildings is the best way to earn income as it allows you to receive Super Solider medals much quicker. A Q4 Weights Room & Q4 Climbing Center (without any contract training) earns the most money of any training/contract combination. Together they will earn you 13.38g/month (0.446g/day) after you pay the daily training.

During promotional periods training ground upgrades are reduced;
To upgrade your Weights Room, Climbing Centre, Shooting Range or Special Forces Centre it costs 45% less for each incremental rise is quality.





Close

For any further information don't hesitate to contact me.

Huey George - Minister of Finance and Governor of the Bank of England